On the heels of an Economist magazine survey revealing the Greater Toronto area to be among the most liveable cities in the world, it's also becoming more affordable.

Not only is the Greater Toronto area replete with cheap storage units, but according to a recently released report from the Royal Bank of Canada, housing affordability increased in the fourth quarter in almost every housing category. The RBC says the only exception was among two-story homes, which became "marginally less affordable."